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The Carbon Disclosure Project (CDP) is an independent nonprofit organization collecting and providing exhaustive environmental information on issues such as climate change and water use in order to promote transparency and work toward a more sustainable economy. It is supported by more than 655 institutional investors worldwide, representing more than US $78 trillion in assets (as of July 2012). Through sending out questionnaires to businesses in the name of the investors backing the initiative, the Carbon Disclosure Project gathers information on the companies’ environmental activities such as the monitoring and reduction of carbon emissions. This information serves the investors to make informed, climate risk–related decisions in their investment process. Based on the data it has gathered, the CDP also publishes in-depth analyses on various environmental subjects every year, covering a wide range of geographical regions. It has created the world’s largest...
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References and Readings
Carbon Disclosure Project. (2011). Carbon disclosure project information pack 2011. Retrieved July 2, 2012, from http://www.flad.pt/documentos/1322500796G7zUT7ss8No88EZ2.pdf
Harmes, A. (2011). The limits of carbon disclosure. Global Environmental Politics, 11(2), 98–119.
Kolk, A., Levy, D., & Pinske, J. (2008). Corporate responses in an emerging climate regime: The institutionalization and commensuration of carbon disclosure. The European Accounting Review, 17(4), 719–745.
Labatt, S., & White, R. (2007). Carbon finance: The financial implications of climate change. Hoboken, NJ: Wiley.
Nichols, M. (2012). Forest footprint disclosure project to join CDP. Retrieved June 14, from http://www.environmental-finance.com/news/view/2559
PriceWaterhouseCoopers. (2011). CDP global 500 report 2011. Accelerating low carbon growth. Retrieved July 2, 2011, from https://www.cdproject.net/CDPResults/CDP-G500-2011-Report.pdf
Renner, A. (2011). Does carbon-conscious behavior drive firm performance?: an event study on the global 500 companies. Wiesbaden: Gabler.
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Baumast, A. (2013). Carbon Disclosure Project. In: Idowu, S.O., Capaldi, N., Zu, L., Gupta, A.D. (eds) Encyclopedia of Corporate Social Responsibility. Springer, Berlin, Heidelberg. https://doi.org/10.1007/978-3-642-28036-8_559
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DOI: https://doi.org/10.1007/978-3-642-28036-8_559
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